VDMV PROPERTY MANAGEMENT

VDMV Property Management manages all of the Private Equity Fund properties as well as those held in the VDMV property holdings portfolio.

 

VDMV property management's paramount goal is to increase the long-term value of properties under its management, while ensuring maximum operating efficiency. The VDMV management team comprises highly trained, experienced and motivated property professionals capable of making strategic decisions on the spot, with the necessary experience, capacity and expertise to unlock the potential of a property. This is done through maximising net income through increasing rental income, reducing vacancies and minimising operating expenses and arrears. A proactive, hands-on approach is used, taking into account each property's unique requirements. 

 

VDMV Property Management utilises the best property management admin system available, and provides in-depth, customised property management reports.

 

Property management services

 

Lease management
Letting of vacant space
Lease administration including credit checks, reference confirmation and screening of tenants
Preparation of lease agreements
Collection of deposits and ancillary costs
Monthly rental billing, collections and debt collection
Reviewing and renewal of leases

 

Accounting
Monthly rentals and recoveries
Apportionment of municipal charges and recoveries thereof
Debt collection
Rent roll and statements preparation and distribution
Income and Expenditure accounts
Electronic payment to clients’ bank accounts
VAT collections and VAT returns where required
Payment of levies

 

Maintenance
Building inspections and proposals for maintenance requirements and associated costs
General maintenance administration
Reading and billing of electrical and water submeters
Management of maintenance and restoration projects

 

Other services
Advice on market trends, rental and economic indicators